Technical Journal Book of NC

this week close the stock market , technical Analysis and enjoy music

Feel need a good song to start the day...

NC wrote:Feel need a good song to start the day...

Your song also not displayed. AYYO MOKADA ME WENNE

@ RPPA mage nam awlak na display wenawa...

NC wrote:@ RPPA mage nam awlak na display wenawa...

Any one else. Song eka diplay wenawada.

Ane mage display wenne nane.

Yes Youtube is displaying

SHARK aka TAH wrote:Yes Youtube is displaying

Now i got the point.

In our company UTUBE is blocked.

Sorry guys.

Chart upload karanna beriyooooo

Udawwata kawruth neddooooooo

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Chart read karala thiyenawa mehema chart 1k dakkamai... ( සෑහෙන දරුණු news 1k වෙන්ටැති... )

Technical analysis also facing a crisis Not only stock market

Who can explain present situation ?

SHARK aka TAH wrote:Udawwata kawruth neddooooooo

මොකෝ සීන් එක . තාම හරි ගියෙ නැද්ද ?

hafpa...ඔං දැන් තමා  rest  එකක් හම්බවෙලා, අද  internet  එකට ලොග් වුනේ.. market  එක දිහා බලන්නවත් බැරි වුණා.  අද උදේ 6 ඉදන් වැඩ..තව පැය  2 කින් ආපහු  පටන් ගනින්කො..
@ DGD, I'll give you an answer for your question, when I got some free time, but now I'm totally exhausted...

Hahhahh... wts going on..??? I was absent at forum last few days, as I was busy with some vehicles..
So, market is going red ne...
Lets see.>>>>

NC wrote:Hahhahh... wts going on..??? I was absent at forum last few days, as I was busy with some vehicles..
So, market is going red ne...
Lets see.>>>>

marai mokadda Balapu wahane

SHARK aka TAH wrote:

NC wrote:Hahhahh... wts going on..??? I was absent at forum last few days, as I was busy with some vehicles..
So, market is going red ne...
Lets see.>>>>

marai mokadda Balapu wahane

Eka wahanayk neme ehem pitinma AnayaK..

D.G.Dayaratne wrote: Technical analysis also facing a crisis Not only stock market

Who can explain present situation ?

@ DGD, in technical reading, our object is the, rational identification of best entry and exit points with a minimum capital risk. So, it doesn't meant that every time it should be perfect. If your entry/ exit point are accurate more than 70%-80% (that's the probability) its good. And as well there is a also a probability that it could get wrong, that's why we entered at a lowest entry point, keep a tight stoploss.
Furthermore, actually, in my view of technical reading, our object is identification of best entry and exit points and not prediction.
As you noted, the above chart, the simplest explanation is the showing of a extreme force. As well there was a bullish trend since from 2013 May. Someone can say it as a sign of a manipulation. If so, we can hope that it'll back again to 30 level, and keep it bullish trend...

Outlook of ASI:

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For sucessful achieve of T1,T2 and T3, the bold black line shouldn't be break... Hoping a nice break of bold blue line..

NC wrote:Outlook of ASI:

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For sucessful achieve of T1,T2 and T3, the bold black line shouldn't be break... Hoping a nice break of bold blue line..

It will not come to that level in this year. I can say that for sure.

To enjoy today s Green...
If today close above 7200.. That's high probability the turning point...  

The Exact Answer....
http://www.jewsnews.co.il/2014/03/27/this-pretty-girl-was-seeking-a-rich-husband-the-reply-she-got-from-a-banker-was-priceless/

The following is what a women posted on a dating forum seeking a rich husband:

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I’m going to be honest of what I’m going to say here. I’m 25 this year. I’m very pretty, have style and good taste. I wish to marry a guy with $500k annual salary or above. You might say that I’m greedy, but an annual salary of $1M is considered only as middle class in New York.
My requirement is not high. Is there anyone in this forum who has an income of $500k annual salary? Are you all married? I wanted to ask: what should I do to marry rich persons like you?
Among those I’ve dated, the richest is $250k annual income, and it seems that this is my upper limit.
If someone is going to move into high cost residential area on the west of New York City Garden(?), $250k annual income is not enough.
I’m here humbly to ask a few questions:
1) Where do most rich bachelors hang out? (Please list down the names and addresses of bars, restaurant, gym)
2) Which age group should I target?
3) Why most wives of the riches are only average-looking? I’ve met a few girls who don’t have looks and are not interesting, but they are able to marry rich guys.
4) How do you decide who can be your wife, and who can only be your girlfriend? (my target now is to get married)
Ms. Pretty
A philosophical reply from CEO of J.P. Morgan below:
Dear Ms. Pretty,
I have read your post with great interest. Guess there are lots of girls out there who have similar questions like yours. Please allow me to analyse your situation as a professional investor.
My annual income is more than $500k, which meets your requirement, so I hope everyone believes that I’m not wasting time here.
From the standpoint of a business person, it is a bad decision to marry you. The answer is very simple, so let me explain.
Put the details aside, what you’re trying to do is an exchange of “beauty” and “money” : Person A provides beauty, and Person B pays for it, fair and square.
However, there’s a deadly problem here, your beauty will fade, but my money will not be gone without any good reason. The fact is, my income might increase from year to year, but you can’t be prettier year after year.
Hence from the viewpoint of economics, I am an appreciation asset, and you are a depreciation asset. It’s not just normal depreciation, but exponential depreciation. If that is your only asset, your value will be much worse 10 years later.
By the terms we use in Wall Street, every trading has a position, dating with you is also a “trading position”.
If the trade value dropped we will sell it and it is not a good idea to keep it for long term – same goes with the marriage that you wanted. It might be cruel to say this, but in order to make a wiser decision any assets with great depreciation value will be sold or “leased”.
Anyone with over $500k annual income is not a fool; we would only date you, but will not marry you. I would advice that you forget looking for any clues to marry a rich guy. And by the way, you could make yourself to become a rich person with $500k annual income.This has better chance than finding a rich fool.
Hope this reply helps.
signed,
J.P. Morgan CEO

NC wrote:The Exact Answer....
http://www.jewsnews.co.il/2014/03/27/this-pretty-girl-was-seeking-a-rich-husband-the-reply-she-got-from-a-banker-was-priceless/

The following is what a women posted on a dating forum seeking a rich husband:

[You must be registered and logged in to see this image.]

I’m going to be honest of what I’m going to say here. I’m 25 this year. I’m very pretty, have style and good taste. I wish to marry a guy with $500k annual salary or above. You might say that I’m greedy, but an annual salary of $1M is considered only as middle class in New York.
My requirement is not high. Is there anyone in this forum who has an income of $500k annual salary? Are you all married? I wanted to ask: what should I do to marry rich persons like you?
Among those I’ve dated, the richest is $250k annual income, and it seems that this is my upper limit.
If someone is going to move into high cost residential area on the west of New York City Garden(?), $250k annual income is not enough.
I’m here humbly to ask a few questions:
1) Where do most rich bachelors hang out? (Please list down the names and addresses of bars, restaurant, gym)
2) Which age group should I target?
3) Why most wives of the riches are only average-looking? I’ve met a few girls who don’t have looks and are not interesting, but they are able to marry rich guys.
4) How do you decide who can be your wife, and who can only be your girlfriend? (my target now is to get married)
Ms. Pretty
A philosophical reply from CEO of J.P. Morgan below:
Dear Ms. Pretty,
I have read your post with great interest. Guess there are lots of girls out there who have similar questions like yours. Please allow me to analyse your situation as a professional investor.
My annual income is more than $500k, which meets your requirement, so I hope everyone believes that I’m not wasting time here.
From the standpoint of a business person, it is a bad decision to marry you. The answer is very simple, so let me explain.
Put the details aside, what you’re trying to do is an exchange of “beauty” and “money” : Person A provides beauty, and Person B pays for it, fair and square.
However, there’s a deadly problem here, your beauty will fade, but my money will not be gone without any good reason. The fact is, my income might increase from year to year, but you can’t be prettier year after year.
Hence from the viewpoint of economics, I am an appreciation asset, and you are a depreciation asset. It’s not just normal depreciation, but exponential depreciation. If that is your only asset, your value will be much worse 10 years later.
By the terms we use in Wall Street, every trading has a position, dating with you is also a “trading position”.
If the trade value dropped we will sell it and it is not a good idea to keep it for long term – same goes with the marriage that you wanted. It might be cruel to say this, but in order to make a wiser decision any assets with great depreciation value will be sold or “leased”.
Anyone with over $500k annual income is not a fool; we would only date you, but will not marry you. I would advice that you forget looking for any clues to marry a rich guy. And by the way, you could make yourself to become a rich person with $500k annual income.This has better chance than finding a rich fool.
Hope this reply helps.
signed,
J.P. Morgan CEO

Honestly. Do we analyse things as J.P.Morgan CEO.

Any way good one NC.

Thats called Rational Thinking...

Glas Analysis; (28/10/2014)

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Successful completion of HPP pattern and seems end of its 3rd leg. After the pattern completion we sold, now its time to look again for its 5th leg on EW.
It did 38.2% Fib retracement. ( The classical Ret: of 4th leg.)
Targets for the 5th leg is given.
T1: 4.9 - 5 ; Double top (should be with careful at this level)
T2: 5.3 -5.4
T3: 6
Generally we can look for return above 20%. With a minimum risk (5%) of STP @ 4.4/-(Weekly S1.)
Bcz Weekly PP @ 4.5. And Yesterday has closed above the Weekly pivot is a good bullish sign.
Further, in fundamentally, the reduction of electricity prices for industries and fuel prices could hope some more profits on Glas in future..

Kapi:
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Small HPP can see in daily Kapi chart. Its 1st target is almost completed. Though its small, its potential to make a new HH to 60. Even with its right issue the counter has become attractive, and having a good buying pressure.
Fundamentally, strong and undervalued share. Thus with the 2015 budget construction companies are favored and large scale of constructions're proposed.

NC wrote:Kapi:
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Small HPP can see in daily Kapi chart. Its 1st target is almost completed. Though its small, its potential to make a new HH to 60. Even with its right issue the counter has become attractive, and having a good buying pressure.
Fundamentally, strong and undervalued share. Thus with the 2015 budget construction companies are favored and large scale of constructions're proposed.

NC

KAPI is one of my favorite stocks & i expect a major uptrend in it. So thank you for preparing a chart to conform the accuracy of judgment again.

Namu Analysis:
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Namu is a fundamentally strong and undervalued company. Accroding to 2 years of history reading, seems its moving in a channel, as showed in the chart. A small double bottom could be identified and could ba taken as a good support and a STP.
Further, Namu is popular for its diversified crops. Mainly on Oil Palms. Continuous highest earnings even other palntation recroded lower earnings.
Thus, its attractive to investors on its higher dividends. The, con is its somewhat illquid.

if goes back to 84 lovely, then should hit 100